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Princeton NuEnergy Snares $16M in Series A

2023-11-06
BORDENTOWN, NJ, Princeton NuEnergy, a clean- tech innovator, announce the initial closing of its Series A funding round, raising $16 million.
Princeton NuEnergy (PNE), a clean- tech innovator specializing in recycling, repurposing, and commercializing lithium-ion battery materials, is pleased to announce the initial closing of its Series A funding round, raising $16 million. The round was led by Wistron Corporation (TPE: 3231), a Fortune Global 500 member and industry leader in electronics recycling services.

Additionally, new institutional investors participated in this round, including Honda Motor Co., Ltd. (NYSE: HMC), GS Futures, and Traxys North America, joining previous investors Greenland Technologies, Shell Ventures, and WorldQuant Ventures, among others.
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